Exide Technologies fka EXTC

[big-yank]

Exide has 79.6 million shares outstanding. The Blackstone holding is 59,000 shares which is .08%, not .8% of float. In the parlance of major shareholders, this is a pittance and actually contraindicative of interest in Exide by major players.

Gross margin for Exide is catastrophic as a trendline. Whether you measure it by the quarter of for the entire FY there is NO good news on their income statement. That is a large part of their reported rationale for filing for bankruptcy.

Exide's net losses are exactly as I reported them and as confirmed by others.

This company is in deep doo-doo.